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Company:
Germania Farm Mutual Insurance Association
Plan:
Germania Companies Employees Profit Sharing and Savings Plan
 

Germania Farm Mutual Insurance Association

72 Plan: Germania Companies Employees Profit Sharing and Savings Plan

 
 
72
41
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88
0
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For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (72) and the top rated plan (88) could equate to:
[How is this calculated?]
10 additional years of work
Up to $90,800 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Germania Companies Employees Profit Sharing and Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 72. This plan is in the top 35% of plans for Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. Germania Companies Employees Profit Sharing and Savings Plan currently has over 300 active participants and over $26.4M in plan assets.

 

 Retirement Plan Details

Address 507 Hwy 290 E
Brenham, TX 77833 
Industry Insurance Agencies and Brokerages
Administrator Sharon Neutzler
Net Plan Assets $26,400,000
Total Participants 390
Avg Account Balance $68,000

 Top 3 Funds in this 401k

1. New York Life Anchor Account 20%
2. American Funds Income Fund of America 13%
3. BlackRock LifePath 2020 9%

  Plan Service Providers

Insurance Carrier New York Life
Recordkeeper New York Life
Investment Adviser Morgan Stanley Smith Barney
Auditor Jaynes, Reitmeier, Boyd & Therrell

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